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Author Topic: Bounties is not a reliable source of income  (Read 5919 times)
Freny250
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June 08, 2019, 07:45:47 AM
 #101

It really depends on your approach to bounties. I have been doing bounties since last year without any other job and i have been living comfortably.  Every month i have income from bounty so you really need to reconsider on your method of attacking bounty

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June 08, 2019, 07:56:58 AM
 #102

For me bounties is a good source of money but it is a risky because a lot of scammers around and we need to be careful so much better to have a stable job that can provide our daily needs. I prefer bounties for other options of income.
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June 08, 2019, 08:01:15 AM
 #103

Back in 2017 I never knew there is anything called bounties or bitcointalk forum until 2018 when I came across a PDF that says it all about how to earn coins promoting projects so since then I decide to give a try ,since 2018 now I've been promoting some projects and I've gotten paid via the project tokens but in reality I haven't been able to earn a dime ,they keep postponing when they will get listed on exchanges ,the PDF never talked about how long this always takes ,just imagine if bounty is all I got I would have starved a lot ,bounties long things and it can easily make one give up promoting them ,its always one delay after the other

It really is not and I thought that it's profitable when I joined various bounty campaigns, you have to be patient and wait for the coin you've promoted to get into the market, develop their platform and this will take a year or more to accomplish, not to mention the so many scam IOC that you have to deal with.
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June 08, 2019, 08:02:33 AM
 #104

I think it's true that the gifts from the project are unreliable, because they all have their own consequences including the ico project. there are many processes that they have to go through to have a sale value in the market and take a long time. so I think we consider work in this sector as a side job.

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June 08, 2019, 08:15:16 AM
 #105

There are a lot of risk factors while participating in bounties now. Some of them are:

1. The bounty duration may get extended before it ends.
2. The distribution may get delayed.
3. KYC may be made mandatory just before the distribution of the rewards
4. The coin may not be listed in any of the major exchanges
5. In case the coin gets listed, then it may trade at a very heavy discount.

As you can see, there are numerous risk factors in participating in an ICO. So my advice is just take part in them as a hobby and not with an expectation of getting a good reward. If you get a reward, then consider it as a bonus.

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June 08, 2019, 08:18:56 AM
 #106

Back in 2017 I never knew there is anything called bounties or bitcointalk forum until 2018 when I came across a PDF that says it all about how to earn coins promoting projects so since then I decide to give a try ,since 2018 now I've been promoting some projects and I've gotten paid via the project tokens but in reality I haven't been able to earn a dime ,they keep postponing when they will get listed on exchanges ,the PDF never talked about how long this always takes ,just imagine if bounty is all I got I would have starved a lot ,bounties long things and it can easily make one give up promoting them ,its always one delay after the other
Yes it is a problem.But do not forget that in addition to the participants of the bounty listings waiting and investors.At the peak of activity of bounty companies there were a lot of participants.Now of course the excitement fell.You should not count on full-time work, and any member of the bounty (in my opinion) should have a main job that brings a guaranteed income.



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June 08, 2019, 08:43:32 AM
 #107

For me bounties van be a good reliable source of incom. Why? Because its all about the project you were in. It wont become reliable if the project where you invest has its low investment quality. But when you invest in a project taht has a good investment to offer into every bounty hunter I can say that it can be reliable. As the market has a lot to offers in every traders and investors, there must be a good reliable source of income. Its just the matter of good project picking like the dencoin tokens which can benefit you in your future investment.
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June 08, 2019, 09:02:01 AM
 #108

it's not reliable of course..I think that era also almost gone, that one where you promote any kind of bounties and still got a decent amount of $, yea I talking about the last bull run.

You can earn still but you must have an extraordinary skill to do that, like managing some bounty, making a high-quality article that posted at blomberg etc.
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June 08, 2019, 09:09:02 AM
 #109

It is difficult to call a reliable source both bounty and trading, investment, referral programs. It is better to have a permanent job with a stable salary and at the same time to work in the field of cryptocurrencies, because such earnings are more like a hobby or a game than stable earnings.

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June 08, 2019, 09:28:04 AM
 #110

What constitutes bounty hunting is now clear. In the future, at least to some extent, the golden time of the bounty may come again, as it was in 2017. It would be nice to determine the likelihood of this, to find out whether to continue to participate in this.

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June 08, 2019, 09:40:02 AM
 #111

Yes, at the present time, generosity is not the best way to make money. It is better to trade on exchanges.

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June 08, 2019, 10:05:48 AM
 #112

if the Bounty campaign maker makes payments to participants using ETH or USD I think the bounty participants will be enthusiastic but this is very difficult to realize because ICO does not want adverse risks.
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June 08, 2019, 03:04:59 PM
 #113

What constitutes bounty hunting is now clear. In the future, at least to some extent, the golden time of the bounty may come again, as it was in 2017. It would be nice to determine the likelihood of this, to find out whether to continue to participate in this.
The market is still not showing steady growth and most people still have not regained their confidence in crypto as an investment. I think the bounty's golden time won't be back for a very long time.
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June 08, 2019, 03:11:10 PM
 #114

Even if you are going to participate in Cryptocurrency, it's better to have a stable work that gives you steady income because bounty campaigns or trading cannot for now offer you a steady income. So bounties are not a reliable source of income.

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June 08, 2019, 03:21:04 PM
 #115

Participation in bounty companies is a personal matter for everyone and no one is forcing it, it can be said for me as a hobby, and I would not like to count on it as the main type of earnings.
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June 08, 2019, 03:22:33 PM
 #116

Yes thats why I'm not doing participating in bounty as my primary work i put it as my sideline job but i have the bounty campaign that gives me a good income and thet can also give income in the investors if they will do investments so i refer this project to make investments the Dencoin tokens.
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June 08, 2019, 03:37:50 PM
 #117

Yes bounties earnings are not consistent we all know that very well apart from this we should learn trading as well to earn regular income from crypto world but trading is also not a easy thing. I also came to know about bounties in late 2017 that time I made huge money but since 2018 till date income from bounties has been dropped drastically but in the last 2-3 months market is trying to revive again and I am hoping we will again make good money from bounties in coming months.

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June 08, 2019, 03:39:47 PM
 #118

Actually we should blame fake projects/ scammer. Most investors already do not invest to a new crypto because they are afraid to be scammed regardless if the project is real or not. The main point here is, if there are no scam projects there are more investors who will always invest to a newly created crypto with a unique concept.
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June 08, 2019, 03:45:39 PM
 #119

not make bounty campaign as main job because, payment from happen the fastest will be paid in a few months or in a quarter, and the revenue obtained from the current bounty campaign are different from the income from a few years ago which is now decreasing

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June 08, 2019, 04:44:50 PM
 #120

bounty can be a major income if we really work hard and have skills, because if you just follow the bounty that many people do it is difficult to be the main income. you can improve your skills and follow a lot of quality work is enough for me
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